BUFFALO, N.Y. - Gibraltar Industries , Inc. (NASDAQ:ROCK), a prominent manufacturer serving renewable energy and other markets, announced today that their Senior Vice President and Chief Financial Officer Timothy F. Murphy has decided to retire early in 2025. Murphy will remain in his current role until a successor is appointed and will help ensure a smooth transition.
During his 20-year tenure, Murphy has played a key role in Gibraltar's growth and operational improvements. "Given the strength of our team, I am comfortable turning the reins over to a successor," Murphy stated, expressing confidence in the company's continued success.
Bill Bosway, Gibraltar's Chairman and CEO, praised Murphy's significant contributions to the company's development and transformation. "His skill, integrity, commitment, and judgment have been greatly appreciated," Bosway remarked, highlighting the importance of Murphy's role in the company's journey.
Gibraltar has engaged an executive search firm to commence the recruitment process for Murphy's replacement. The firm will assist in finding a candidate who can continue to drive the company's mission to enhance life and the environment through engineering, science, and technology innovations.
Gibraltar's operations span across the renewable energy, residential, agtech, and infrastructure sectors in North America. The company is known for reshaping markets with a focus on comfortable living, sustainable power, and productive growing.
The announcement of Murphy's retirement is a forward-looking statement and, like all such statements, it is subject to various risks and uncertainties. These include market conditions, economic factors, and other considerations that may affect the company's future performance. Gibraltar advises referring to the "Risk Factors" section in their latest annual report for a detailed understanding of these elements.
This news article is based on a press release statement from Gibraltar Industries, Inc.
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